The involvement of government will be advantageous in some area, such as curbing scam ICOs, Manipulations etc. But, on the other hand the main reason of Blockchain technology will be affected, which is "Decentralization".
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Bounty this days is not profiting like before. Some successive bounty project even ends up not paying the hunters. It is really worrisome to me atime. At the end of the job, not to show for it.
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Picking the right cryptos now, it is the real deal to me. Though, not everything you see in the market. Investing in projects where the team are serious is the right path.
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The bull and bear run, depends on the buyers and sellers actions. When demand is higher than supply in the market, the price(s) appreciations tremendously but when supply is higher than demand the price(s) depreciates. Continuous appreciation in price leads to bull run while continuous depreciation of price leads to bear run.
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What is the essence of paying you when the ICO failed. What will you do with the token? It is of no use. Your prayer as bounty hunter is for every project you are involved to succeed.
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The prices of cryptocurrencies are gathering momentum right now the markets. It happened before, it can still happen again. For me there is sign of abundance of rain. keep the faith. Blockchain and cryptocuurrency are on an eagle wings now.
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Aside the above information, Ethereum price will boom. The bull run will also aid the Ethereum to soar. Investors and traders confidence are returning bit by bit.
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In my opinion, I think Bitcoin is better to be hold for long time than DBN because it is the market leader and cryptocurrency pioneer though DBN will appreciate tremendously based on their market share right now. The burning will also aid the price of DBN to increase faster.
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Blockchain and Cryptocurrency have come to stay. The use cases of blockchain is enormous like wise the benefit of cryptocurrency; Fast transactions, Lower fees on transaction, Transparency, Immutability etc. As time progresses many coins will gain more value while some popularity will drop. It is all depends on the Coins managerial ability.
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Once bitten twice shy. It is not only you that have those that are scared of ICOs because of one or two investment in scammer project. I think, tougher rules or penalty should be applied on ICO to scare these project scammers out of crypto space.
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